Both positive externalities and negative externalities produce inefficiency

a. True
b. False


A

Economics

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The difference between GDP and disposable income is

A) net taxes. B) unplanned investment spending. C) national income. D) actual investment spending.

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What has been learned since 1973 with regards to the experience with floating exchange rate regime?

What will be an ideal response?

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A tax may be used as a corrective device in the case of a negative externality because it will __________ marginal private costs and __________ supply.

A. increase; decrease B. increase; increase C. decrease; decrease D. decrease; increase

Economics

The exchange of one good for another, without the use of money, is known as:

a. acquisitive exchange. b. liquidity. c. volatility. d. barter. e. currency.

Economics